News: Vancouver Real Estate Market

Canadian home sales higher or steady in most major cities in 2012: Vancouver Sun

MISSISSAUGA, Ont. - The latest real estate outlook from ReMax says Canadian home sales increased or held steady in much of the country this year despite tighter financing and economic uncertainty abroad.

 

ReMax says the trend is expected to continue, with home-buying activity propped-up by low interest rates and an improved economic picture in 2013.

 

The report found that the number of homes sold is expected to match or exceed 2011 levels, led by strong activity in Calgary and other western centres.

 

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